Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
MID PENN BANCORP INC (MPB)
Sector: Financial Services; Industry: Banks—Regional

Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations. In addition, the company offers online banking, telephone banking, cash management, and automated teller services, as well as safe deposit boxes; and trust and wealth management services. As of December 31, 2019, it operates 39 full service retail banking locations in Berks, Bucks, Chester, Cumberland, Dauphin, Fayette, Lancaster, Luzerne, Montgomery, Northumberland, Schuylkill, and Westmoreland counties, Pennsylvania. The company was founded in 1868 and is headquartered in Millersburg, Pennsylvania.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-02-04 Noone John E Director Buy 1,000 $28.68 $28,682 No
2022-02-04 De Soto Matthew G Director Buy 1,000 $28.81 $28,814 No
2021-12-31 Grubic Robert C Director Buy 158 $31.74 $5,015 No
2021-12-31 KERWIN GREGORY M Director Buy 32 $31.74 $1,016 No
2021-12-31 KERWIN GREGORY M Director Buy 32 $31.74 $1,016 No
2021-12-31 Novak Alan P. Director Buy 16 $31.74 $508 No
2021-12-31 Moisey Robert J Director Buy 94 $31.74 $2,984 No
2021-12-31 QUANDEL NOBLE C JR Director Buy 94 $31.74 $2,984 No
2021-12-31 Grubic Robert C Director Buy 158 $31.74 $5,015 No
2021-12-31 De Soto Matthew G Director Buy 196 $31.74 $6,221 No
2021-12-31 Frank Joel L. Director Buy 79 $31.74 $2,507 No
2021-12-31 Brumbaugh Kimberly J Director Buy 79 $31.74 $2,507 No
2021-12-31 Boyer Steven T Director Buy 79 $31.74 $2,507 No
2021-12-31 Abel Robert A Director Buy 16 $31.74 $508 No
2021-12-15 Kerwin Joseph D. Director Buy 500 $29.60 $14,800 No
2021-12-14 SPARKS DAVID E Director Sell 500 $29.86 $14,930 No
2021-12-13 Abel Robert A Director Buy 1,000 $30.08 $30,080 No
2021-09-30 Brumbaugh Kimberly J Director Buy 91 $27.55 $2,507 No
2021-09-30 Klinger Robert E Director Buy 181 $27.55 $4,987 No
2021-09-30 Novak Alan P. Director Buy 18 $27.55 $496 No
2021-09-30 Moisey Robert J Director Buy 109 $27.55 $3,003 No
2021-09-30 Grubic Robert C Director Buy 181 $27.55 $4,987 No
2021-09-30 Frank Joel L. Director Buy 91 $27.55 $2,507 No
2021-09-30 QUANDEL NOBLE C JR Director Buy 109 $27.55 $3,003 No
2021-09-30 Boyer Steven T Director Buy 91 $27.55 $2,507 No
2021-09-30 Abel Robert A Director Buy 18 $27.55 $496 No
2021-09-30 KERWIN GREGORY M Director Buy 36 $27.55 $992 No
2021-09-30 MOWERY THEODORE W Director Buy 73 $27.55 $2,011 No
2021-07-29 MOWERY THEODORE W Director Buy 400 $26.53 $10,611 No
2021-06-30 Boyer Steven T Director Buy 91 $27.45 $2,498 No

Insider Smart

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.

Insider Smart

PROSPECT CAPITAL CORP (PSEC) - PSEC is the 2nd most bought stock of the past 90 days by insiders, CEO seems very confident about the company.